Trading company Itochu Corp. is withdrawing from a management buyout of Seven & i Holdings Co. Ltd. proposed by the global ...
The 7-Eleven owner said Thursday that there is no actionable proposal from the founding family to consider since the family has been unable to get the financing.
The founding family of the Japanese firm that currently owns the global 7-Eleven chain fell short in raising enough money to ...
In Japan these days there is nothing quite like an annual meeting to focus the mind of a company losing its strategic way.
Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its ...
Shares of Japan's Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed ...
Japan's Seven & i Holdings is set to abandon a $58 billion management buyout led by the retailer's founding family after ...
The consortium proposing a management buyout of Seven & i Holdings Co. “has been unable to secure the financing required to ...
"There is no actionable proposal from Mr. Junro Ito and Ito-Kogyo for 7&i to consider at this time," the company said in a ...
Japan's Itochu is withdrawing from a buyout for Seven & i Holdings proposed by the retailer's founding family, two sources ...
Seven & i Holdings by the 7-Eleven owner's founding Ito family, the Japanese business daily Nikkei reported Wednesday, without citing sources. --Itochu was considering investing about 1 trillion yen, ...